Major Hemp H-IPA now being carried at over 75 new locations and growing since October launch
COSTA MESA, CA – (GlobeNewswire – January 16, 2019) – Sipp Industries, Inc. (OTC: SIPC), a multifaceted corporation specializing in technology, manufacturing and distribution of commercial and consumer products, announces the second run of Major Hemp H-IPA has been completed and will be packaged this month for immediate distribution.
In less than three months since its launch, Major Hemp H-IPA has been placed in over 75 establishments throughout Illinois. With brisk sales momentum and month over month growth, the company is in the midst of hiring a dedicated Sales Executive/Account Manager to conduct new prospect marketing and hemp brew tastings while attending craft beer events around the state. This individual will also manage and expand business with major accounts such as Binny’s Beverage Depot and Armanetti’s, along with new major grocery and convenience store chains that are coming online.
Based on feedback from customers, the company has released a new, eye-catching, Major Hemp H-IPA label design which can be found on the company’s website and social media. Current buyers are excited about the new label design and Major Hemp’s distributors believe it will further enhance sales within the existing customer base, as well as attract new accounts and patrons.
President Ted Jorgensen of wholly-owned subsidiary, Major Hemp, commented, “We are very excited to have achieved this landmark milestone of attaining over 75 locations in less than 100 days after our launch of Major Hemp H-IPA. Sales have vastly exceeded initial projections and that’s a testament to our combined sales efforts with Wein-Bauer in tandem with the quality of brewing by Church Street. Due to our accelerating growth, by the end of this month we expect to hire a new team member to assist us in the further development and saturation of the Illinois market. Furthermore, we are excited about the recent enactment of federal hemp legalization and the Federal Drug Administration’s (FDA) decision to certify the active hemp ingredient in our beers, hemp seed protein, as a consumable ingredient in the Generally Recognized As Safe (GRAS) category. We believe this will provide a definitive answer for the breweries and distributors that had remained on the sidelines awaiting further clarity on the legality of hemp seed beers, opening up additional business opportunities with well-established partners moving forward this year.”
Sipp Industries is prepared to submit multiple additional recipes and label designs to the Alcohol and Tobacco Tax and Trade Bureau (TTB) immediately after the conclusion of the government shutdown, including a recipe on the very cutting-edge of America’s palate in 2019.
About Sipp Industries, Inc.
Sipp Industries is a multifaceted corporation that specializes in technology, manufacturing and distribution of commercial and consumer products. Through its wholly owned subsidiary, Major Hemp, the Company provides hemp beer, high quality and competitively priced hemp-based products, bulk hemp, CBD supply, co-packing and private labeling services.
Website: https://sippindustries.com
Facebook: https://www.facebook.com/SippIndustries
Twitter: @SippIndustries
Forward Looking Statements:
This release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended and section 21e of the Securities and Exchange Act of 1934, as amended. Those statements include the intent, belief or current expectations of the company and its management team.
Forward-looking statements are projections of events, revenues, income, future economics, research, development, reformulation, product performance or management’s plans and objectives for future operations. Some or all of the events or results anticipated by these forward-looking statements may not occur. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many that are not in management’s control.
Contact:
Ted Jorgensen
Major Hemp President
Sipp Industries, Inc.
Investor Relations
ir@sippindustries.com
949.220.0435
